When looking across the province, Bishop's Falls is the 127th most expensive in Newfoundland and Labrador.
Bishop's Falls, Newfoundland and Labrador has a median house price of $167,450 when compiling all the home listings in Aug .
Bishop's Falls’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
This month we track 42th neighbourhoods in Newfoundland and Labrador, and Bishop's Falls has the 42th most choice available for real estate investors.
Can we guarantee how well Bishop's Falls is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
In Bishop's Falls, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Bishop's Falls will hopefully provide an indicator to help you where to research in-depth
If you are looking at investment properties in Bishop's Falls, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.